Is this something new? Of course if there are no licenses what difference does it make?
TPL Opening Disclosure Statement 12-23-13 found in BaNosser post as follows:
http://agoracom.com/ir/patriot/forums/discussion/topics/596380-tpl-bk-documents-dec-16-17-23/messages/1870873#message
p. 78 Currently, revenues from MMP are paid to the contingency firm handling litigation, Agility. The payment to Agility varies significantly depending on whether
the licensee is a defendant or not. PDS is also obligated to pay all vendors from MMP revenue, including Alliacense for sales, marketing, litigation support and prosecution and maintenance, and all vendors used in relation to litigation preparation including expert witnesses, document production vendors, etc. PDS also pays MMP inventor Charles Moore a monthly consulting fee and
advances payments to Patriot and Mr. Moore for their percentage share of returns pursuant to the January 2013 Settlement Agreement . Finally,the remainder is split amongst TPL, Patriot and Moore. While TPL’s share of MMP revenue is approximately 26%, that number drops below 10% historically after taking into account all PDS payables.In order for a trustee to pay
TPL creditors in full from MMP alone and assuming that the estimated share to TPL is accurate over time, the MMP portfolio would have to generate approximately 2.7 times the revenue TPL currently believes the MMP Portfolio will produce within the next six years. While TPL’s estimates may be conservative for MMP revenue in its forecast, TPL does not believe almost three times that amount is realistic.
